Category: Markets
Published: 2026-06-30T15:49:11.000Z
U.S. Sen. Angus King, I-Maine, has urged the Federal Energy Regulatory Commission (FERC) to reject the proposed $67 billion merger between NextEra Energy and Dominion Energy. King argues that NextEra's past anti-competitive actions, particularly its efforts to derail the New England Clean Energy Connect project, demonstrate a pattern of behavior that would harm consumers and stifle competition if the merger is approved. He highlighted concerns about the combined company's potential market power across various generation and transmission assets.
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